Crypto Blowing Up

agent006140 · #**1365** 05-11-2022

Bitcoin would not be able to hold $28k

slokor · #**1366** 05-11-2022

Was wondering when the idiot would crawl out from under their rock.
Welcome back moron. Do enlighten us with your nonsense again please since its that time in the cycle.
And dont be surprised at the ridicule you receive for it. I will be as merciless as possible this time around.
Lets get started.

yankee · #**1367** 05-11-2022

I hope it crashes a lot more so that I can buy in on the sale price

**SaiJin** · #**1368** 05-11-2022

I wonder if BTC will go close to 25K in the next month...

Or even to 20K.

And I'm guessing if it does ETH will follow the down trend.

and if that's the case, instead of buying BTC, we buy as much ETH as possible.

Thoughts?

james_112233 · #**1369** 05-11-2022

5 year time horizon and you'll be laughing all the way to the bank at the next halving event.

sqrl57 · #**1370** 05-11-2022

Does anyone have any prediction when this falling knife will stop...portfolio looking horrible right now.

**ilcarletto** · #**1371** 05-12-2022

time to buy

rsot · #**1372** 05-12-2022

Quote:

Originally Posted by slokor

Was wondering when the idiot would crawl out from under their rock.
Welcome back moron. Do enlighten us with your nonsense again please since its that time in the cycle.
And dont be surprised at the ridicule you receive for it. I will be as merciless as possible this time around.
Lets get started.

Morning chuckle

- "it's that time in the cycle"...

slokor · #**1373** 05-12-2022

BTW - swap trading between ETH and BNB I made a killing yesterday.
Have a look at the charts - it was pretty sweet.

JamesNorth101 · #**1374** 05-12-2022

Lets put the handbags away guys

Luminary · #**1375** 05-12-2022

Quote:

Originally Posted by SaiJin

I wonder if BTC will go close to 25K in the next month...

Or even to 20K.

And I'm guessing if it does ETH will follow the down trend.

and if that's the case, instead of buying BTC, we buy as much ETH as possible.

Thoughts?

I believe it briefly hit 25k last night.
It's quite possible that it'll bottom out to that price range.

yankee · #**1376** 05-12-2022

Markets are still up above healthy numbers. They could go 20-30% lower. I would expect crypto to follow and sometime in the medium future have a steady upward trend.

For the short term, volatility with a downward trend is practically guaranteed. It is a great time to trade/swap with some calculated risk.

But I don't know much and this is not financial advice

yankee · #**1377** 05-12-2022

Quote:

Originally Posted by agent006140

be patient,you will have your chance to buy at much lower price.
Keep an eye on US $,2 MORE 50 basis point interest rate hike is coming

Those tiny rate hikes are meaningless. It is the selling off the balance sheets that will tank the markets. The only reason the markets where up so high is because the FED was buying the stocks the past years to prop up the house of cards. Now they need to crash it to stop the wealth effects. Watch what they do, not what they say. They are not trying to lower inflation they are trying to save the dollar with inflation as the puppet show.

yankee · #**1378** 05-12-2022

I am liquidating hard assets now because I truly feel that asset prices are going to have a rapid price reduction within the next 18 months. I am basically selling off all cars, power sports, trailers, equipment, land while the prices are still prime and people have credit and cash.

The moment that these jobs start drying up, things are going to get wonky and that will create a domino effect almost certainly.

Of course these monetary planners(FED, IMF, CENTRAL BANK, ETC) will reverse course and the window of opportunity for buying cash-flowing assets might be much shorter than years past.

I suggest anyone with credit card debt and bad loans to pay them down if possible. If you can come out of this next 18 months with cash and a great credit score, you can be set for life.

Credit scores have changed and going to be changing more by end of 2022. Number one score crusher is going to be credit card balances. Even a 30% utilization rate might make it so banks short on cash wont lend and how they are measuring utilization is based on the previous 24 months. People like myself wont be able to manipulate the score and use credit cards with no and low interest rates and expect to buy hard assets easily in the years to come.

Just my $0.05 cents(up from 2 cents for inflation) haha

**SaiJin** · #**1379** 05-12-2022

Quote:

Originally Posted by james_112233

5 year time horizon and you'll be laughing all the way to the bank at the next halving event.

Ah yea I forgot about the 4 year halving.
the last one was last year right? so less than 4 years later, not 5

**SaiJin** · #**1380** 05-12-2022

WARNING:

I'm getting tired of reading some BS posts in this thread. If you got nothing good to share, don't.

**SaiJin** · #**1381** 05-12-2022

Quote:

Originally Posted by slokor

BTW - swap trading between ETH and BNB I made a killing yesterday.
Have a look at the charts - it was pretty sweet.

And I still don't know how to do it in the finance app...

**SaiJin** · #**1382** 05-12-2022

Quote:

Originally Posted by yankee

I am liquidating hard assets now because I truly feel that asset prices are going to have a rapid price reduction within the next 18 months. I am basically selling off all cars, power sports, trailers, equipment, land while the prices are still prime and people have credit and cash.

The moment that these jobs start drying up, things are going to get wonky and that will create a domino effect almost certainly.

Of course these monetary planners(FED, IMF, CENTRAL BANK, ETC) will reverse course and the window of opportunity for buying cash-flowing assets might be much shorter than years past.

I suggest anyone with credit card debt and bad loans to pay them down if possible. If you can come out of this next 18 months with cash and a great credit score, you can be set for life.

Credit scores have changed and going to be changing more by end of 2022. Number one score crusher is going to be credit card balances. Even a 30% utilization rate might make it so banks short on cash wont lend and how they are measuring utilization is based on the previous 24 months. People like myself wont be able to manipulate the score and use credit cards with no and low interest rates and expect to buy hard assets easily in the years to come.

Just my $0.05 cents(up from 2 cents for inflation) haha

i believe you're in the truck and camper business right?
Car market is still nutty now and I'd sell them at this market too if I had those assets.

slokor · #**1383** 05-12-2022

Quote:

Originally Posted by SaiJin

And I still don't know how to do it in the finance app...

I use Binance.
Here is the BNB/ETH chart:
https://www.binance.com/en/trade/BNB...dark&type=spot
Note the daily high lows for the last 24 hours and note the massive profit made. Note - I switched all my ETH to BNB when the ratio was at 0.1244.
Just placed the order to sell it at 0.1435. It might go higher but I figure making more than 15% in under 24 hours is an acceptable profit lol.

slokor · #**1384** 05-12-2022

Its now hovering around 0.1450
Im quite content with my decision.
Made my annual income and more in under 24 hours - not too shabby.

**SaiJin** · #**1385** 05-12-2022

Quote:

Originally Posted by slokor

Its now hovering around 0.1450
Im quite content with my decision.
Made my annual income and more in under 24 hours - not too shabby.

I don't have a single BNB... good time to buy?

slokor · #**1386** 05-12-2022

It changes all the time.
Have to keep track of the various coins.